Check Silver May 2025 (SIK26) prices via this API
Check Silver May 2025 (SIK26) Prices via this API
In the ever-evolving world of metals trading, staying updated with real-time data is crucial for developers and traders alike. The Metals-API provides a robust solution for accessing the latest prices and historical data for various metals, including silver (XAG). This blog post will delve into the intricacies of silver, its markets, and how the Metals-API can empower developers to create innovative applications that leverage real-time metals data.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a vital industrial commodity. Its applications span across various sectors, including electronics, solar energy, and medical devices. The demand for silver is driven by its unique properties, such as high electrical conductivity and reflectivity, making it indispensable in modern technology.
As industries continue to innovate, the integration of smart manufacturing technologies is reshaping how silver is sourced and utilized. Advanced supply chain technologies are enhancing the efficiency of silver production, ensuring that manufacturers can meet the growing demand while minimizing waste. The digital market analysis of silver prices is also becoming increasingly sophisticated, allowing traders to make informed decisions based on real-time data.
Moreover, the rise of digital currencies and blockchain technology is influencing the silver market, as investors seek alternative assets to hedge against inflation and economic uncertainty. This dynamic landscape underscores the importance of having access to accurate and timely data, which is where the Metals-API comes into play.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including silver. This API is designed to facilitate the development of next-generation applications that require accurate metals pricing and conversion capabilities. With its innovative features, the Metals-API empowers developers to build applications that can analyze market trends, track price fluctuations, and provide users with valuable insights.
For more information on how to get started, you can visit the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs, allowing developers to access the data they require efficiently. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. For instance, querying the latest rates for silver will return the current price per troy ounce, allowing traders to make timely decisions.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices for silver, enabling them to analyze trends over time.
- Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and helping traders gauge the best times to buy or sell.
- Convert Endpoint: The Metals-API includes a conversion endpoint that allows users to convert amounts between different metals or to/from USD. This is particularly useful for traders who operate in multiple currencies.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over specific periods.
- Fluctuation Endpoint: This endpoint provides information about how silver prices fluctuate on a day-to-day basis, helping traders understand market volatility.
- Carat Endpoint: For those interested in gold, this endpoint allows users to retrieve gold rates by carat, which can be useful for jewelers and investors alike.
- Lowest/Highest Price Endpoint: This feature enables users to query the API for the lowest and highest prices of silver over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for silver, which are essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user receives a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metals and their symbols, ensuring users can easily find the data they need.
- News Endpoint: Retrieve the latest news articles related to silver and other metals, keeping users informed about market trends and developments.
For a complete list of supported symbols, visit the Metals-API Supported Symbols.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1761271231,
"base": "USD",
"date": "2025-10-24",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999:
{
"success": true,
"timestamp": 1761184831,
"base": "USD",
"date": "2025-10-23",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period:
{
"success": true,
"timeseries": true,
"start_date": "2025-10-17",
"end_date": "2025-10-24",
"base": "USD",
"rates": {
"2025-10-17": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-19": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-24": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761271231,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-17",
"end_date": "2025-10-24",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
Get OHLC data for a specific time period:
{
"success": true,
"timestamp": 1761271231,
"base": "USD",
"date": "2025-10-24",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals:
{
"success": true,
"timestamp": 1761271231,
"base": "USD",
"date": "2025-10-24",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
The Metals-API is an invaluable resource for developers looking to integrate real-time silver pricing and historical data into their applications. By leveraging the various endpoints, developers can create sophisticated tools that analyze market trends, track price fluctuations, and provide users with actionable insights. Whether you are building a trading platform, a financial analysis tool, or a market monitoring application, the Metals-API offers the capabilities you need to succeed.
For further exploration of the API's features and to access comprehensive documentation, visit the Metals-API Website. Stay ahead in the metals market by utilizing the power of real-time data and innovative technology.